AMENDMENT NO. 1 TO PUBLIC INVITATION for participation in the procedure of public collection of bids with subsequent public bidding for the sale of 70,00000% of the total registered capital of Privatization Entity ELEKTROIZGRADNjA AD, BAJINA BAŠTA

07. April 2015.

Pursuant to the authorization from the Public Invitation published on the Privatization Agency’ website www.priv.rs and in the daily newspaper "Politika" (hereinafter: Public Invitation) on April 1, 2015, the Privatization Agency announces:

AMENDMENT NO. 1 TO PUBLIC INVITATION

for participation in the procedure of public collection of bids

with subsequent public bidding

for the sale of 70,00000% of the total registered capital of Privatization Entity

ELEKTROIZGRADNjA AD, BAJINA BAŠTA

(hereinafter: Privatization Entity)

Procedure Code: JP 09/15

Privatization Agency hereby informs all interested persons on the amendments to Public Invitation for participation in the procedure of public collection of bids with subsequent public bidding for the sale of 290.087 shares CFI code ESVUFR, ISIN No. RSEIBBE81150, owned by Privatization Agency, which represents 70,00000% of the total capital of Privatization Entity, in the following manner:

1. Part of the Public Invitation referring the basic information on the procedure of the sale of capital by public collection of bids with subsequent public bidding shall be modified to read as follows:

Completed application has to be submitted in closed envelope (Main Envelope) labelled “Application for Participation in the Procedure of Public Collection of Bids with Public Bidding - Sales Code ЈP 09/15”.

2. All other details of the Public Invitation remain unchanged and are available at: